My partner and I bought a house in Georgia in 1992 with an FHA mortgage loan. We lived there for 17 and 1/2 years straight. Our existing balance on that mortgage is $21,300. In September of 2008, we obtained a HELOC from Bank of America for $50,000. We used the entire amount to purchase another home nearby, which we spent the next year fixing up using our own cash, as the $50K had been spent...Read full question

My Grandma took out a Reverse Mortgage on her house and has since passed. She died before she had a chance to utilize the $140,000 credit line. When she first applied for the reverse mortgage she had put the house in a trust, leaving it to my brother, sister and myself. It was also stipulated that my dad would receive $25,000 for finishing the house after we had issues with our contractor. M...Read full question

I applied for a home modification with Bank of America and the documents stated that my payment was now $744 instead of the normal $1700. One month later I receive letter from BOA stating that I am past due on my mortgage. I called BOA and their agent asked me why I only made a partial payment. I told her I was on a modification program. She tra...Read full question

My ex-spouse wants to buy my home. Would it be possible to refinance in both names? I have another home I am going to purchase and live in after mine sells. I had the house before him and his name is not on it. We want to stay close by for my step-daughter. My ex-spouse has been living there and paying the mortgage on his own for 18 months. He doesn't have bad credit, just not a lot. The...Read full question

I was a co-signer on a split mortgage loan between centrue bank and the USDA which was foreclosed upon in 2008, and Fannie Mae took care of the bank debt, but I now owe $78,000 to USDA on the FmHA loan portion. Can I file bankruptcy on that FmHA loan to get me out of debt?

My mortgage company (Chase Bank) called and said I qualify for the HARP refinance program. I have a excellent credit score and the LTV is 50%. However I lost my job last year and currently self employed. The bank says they can do stated loan for me. Does anyone still do stated loans? Should I consider it safe since it is from my current mortgage company? What should I watch out for? Any hidd...Read full question

I have a equity line, that I have not been late on, a friend said that banks at anytime for no reason cancel the equity line and demand the payment in full. Is that true and if it is how long do you usually have to pay off the balance. I'm also on time with my home loan the only thing I have bad going on is I'm really pissed at bank of america and have been not paying on 2 of the car...Read full question

My husband and I owned a home. His name is on the mortgage because I'm self-employed. My current credit score is 700 and my husband is 750 If my name was added to the mortgage, would my credit score increase. We have never been late on our mortgage and we have lived in our home for 15 years.